Lydia Group

This group consists of two members -- Lydia and Ruth. They decided to form a group to access credit from ID Ghana in 2011. They sell palm oil and kenkey (sourdough dumplings) respectively.

Lydia is 33 years old. She is married to Maniel, a 37-year-old mason. She sells palm oil with 15 years' experience and works from Monday to Saturday. She buys from the market in the eastern region and sells in the Dansoman community. This is her fifth loan with ID Ghana. She needs a loan of GHS 1,400 to buy more goods to sell to her customers.

The entire group needs an amount of GHS 2,200 to buy more goods to sell to their respective customers.

Additional Information

About ID Ghana

ID Ghana is a microfinance NGO that provides financial and social services to underserved urban communities in Accra. ID Ghana’s socially-oriented business model provides clients with a number of social services, including financial literacy training, group discussions led by peer educators on health and nutrition education, child schooling, basic medical services, and counseling and legal services for women victims of violence.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.